Financial Performance of Microfinance Institutions in Ghana and Uganda: Development and Application of the Achievement Stages Model
Johannes Flosbach
Jan. 2015 · Beiträge zur Afrikaforschung Boek 59 · LIT Verlag Münster
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This book examines the determinants of financial performance of microfinance institutions (MFIs) in Ghana and Uganda, against the backdrop of the public and academic debate over the financial and social implications of microfinance. In the absence of a conceptual model, the study chooses an inductive research approach with the objective of defining and developing a conceptual model with the capacity to explain, quantify, and compare the performance of MFIs. The research is particularly relevant in the African context where microloan interest rates regularly exceed 100% per annum and where the microfinance industry is lacking behind its global peers in regard to financial and social performance. (Series: Contributions to the Africa Research / Beitrage zur Afrikaforschung - Vol. 59) [Subject: Economics, Finance, African Studies]
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Johannes Flosbach works for a large Nigerian company. During his research time he was a management consultant with Roland Berger and Bain & Co.
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